TI Fluid Systems (LSE:TIFS) Debt-to-Equity : 1.72 (As of Dec. 2023)

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What is TI Fluid Systems Debt-to-Equity?

TI Fluid Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £23 Mil. TI Fluid Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £963 Mil. TI Fluid Systems's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £573 Mil. TI Fluid Systems's debt to equity for the quarter that ended in Dec. 2023 was 1.72.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for TI Fluid Systems's Debt-to-Equity or its related term are showing as below:

LSE:TIFS' s Debt-to-Equity Range Over the Past 10 Years
Min: -9.96 Med: 1.38 Max: 3.77
Current: 1.72

During the past 10 years, the highest Debt-to-Equity Ratio of TI Fluid Systems was 3.77. The lowest was -9.96. And the median was 1.38.

LSE:TIFS's Debt-to-Equity is ranked worse than
88.78% of 1176 companies
in the Vehicles & Parts industry
Industry Median: 0.48 vs LSE:TIFS: 1.72

TI Fluid Systems Debt-to-Equity Historical Data

The historical data trend for TI Fluid Systems's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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TI Fluid Systems Debt-to-Equity Chart

TI Fluid Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.13

1.43

1.33

1.87

1.72

TI Fluid Systems Semi-Annual Data
	Dec14	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial											1.33	1.28	1.87	1.93	1.72

Competitive Comparison of TI Fluid Systems's Debt-to-Equity

For the Auto Parts subindustry, TI Fluid Systems's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

TI Fluid Systems's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, TI Fluid Systems's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where TI Fluid Systems's Debt-to-Equity falls into.

TI Fluid Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TI Fluid Systems's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(22.744	+	962.99)	/	573.073
	=	1.72

TI Fluid Systems's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(22.744	+	962.99)	/	573.073
	=	1.72

TI Fluid Systems (LSE:TIFS) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

TI Fluid Systems Debt-to-Equity Related Terms

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TI Fluid Systems (LSE:TIFS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » TI Fluid Systems PLC (LSE:TIFS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TIFSl:UK TI1:Germany

Address

4650 Kingsgate, Cascade Way, Oxford Business Park South, Oxford, Oxfordshire, GBR, OX4 2SU

Website

https://www.tifluidsystems.com

TI Fluid Systems PLC is engaged in providing automotive fluid storage, carrying, and delivery systems for the light-duty automotive market. The operating segments of the company are fluid-carrying systems and fuel tank & delivery systems. The fluid-carrying systems include brake and fuel lines and bundles, tank top lines, vacuum booster lines, quick connectors, air conditioning tubes, and hose assemblies, accumulators and receiver dryers, and thermal products and powertrain components. The fuel tank and delivery systems include fuel tanks, fuel pumps, level sensors, and additive dosing systems. Its geographical segments are Europe & Africa, Asia Pacific, North America, and Latin America.

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